FastMarkets

RESEARCH: Drop in global auto output causes steel scrap price spreads to widen

The latest forecasts and analysis of the ferrous scrap and iron metallics market from the Fastmarkets research team are ready to be viewed.

PRICING NOTICE: Open consultation on methodology for Taiwan steel scrap price assessment - final ...

Fastmarkets invited feedback from the industry on the pricing methodology for steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan, $/tonne (MB-STE-0464), via an open consultation...

INFOGRAPHIC: Mapping the latest trends in the Asian ferrous scrap market

Asian steel scrap imports fluctuated wildly from territory to territory in 2020, with South Korea and Bangladesh reporting decreases while Taiwan and Vietnam recorded increases.

CHINA STEEL SCRAP: Strong domestic Japanese market makes deals difficult

Robust demand for steel scrap in the Japanese domestic market is supporting Japanese export prices, creating a wide bid-offer gap and making it very tough for Chinese buyers to clinch...

VIETNAM STEEL SCRAP: Buyers seek bulk cargoes from Australia, US amid high Japanese offers

Steel scrap buyers in Vietnam sought out deep-sea bulk cargoes from the United States and Australia in the week to Friday June 25 amid high offers for Japanese material, sources...

STEEL SCRAP WRAP: Asian prices diverge from subdued Turkish market

Global scrap prices in the key markets diverged in the week to Friday June 18, with those in Asia moving upward, while Turkish scrap prices fell amid slow buying driven...

BANGLADESH STEEL SCRAP: Buyers choose containers over bulks in new deals

The steel mills in Bangladesh have picked up a raft of containerized scrap cargoes at higher prices over the past week, preferring boxes over bulk cargoes, market participants told Fastmarkets...

PRICING NOTICE: Launch of No1 copper material discount assessment

Fastmarkets will launch a monthly assessment of the discount for No1 copper material, candy/berry, on a cif China basis on June 28.

FOCUS: Construction sector sounds alarm on surging long steel prices

With long steel prices in Europe reaching historically high levels, construction activity is slowing in some regions due to reduced supplies and delays, with some market sources fearing a decline...

Metal markets predict auto demand recovery in second half of 2021

Many aluminium and steel market participants are increasingly optimistic that automotive production will bounce back in the second half of the year and hopeful that the semiconductor chip shortage will...